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Recently Matthew Harlan, our Chief Treasury Officer at Nilus, wanted to learn more about how treasury practitioners manage day-to-day liquidity while minimizing risk. So he asked Devin Scott, Director of Treasury at Kaseya. Here's what he found out. Treasurers: agree with this analysis? Let us know ??

Had a fascinating chat with Devin Scott, Director of Treasury at Kaseya, about one of treasury's most critical challenges: managing day-to-day liquidity while minimizing risk. One thing that really stood out? His emphasis on building relationships across the organization. "Building relationships with teams whose inputs significantly impact cash fluctuations—like Payroll, Collections, AP, Tax, and others—is essential," he said. This resonates deeply with my experience. The best treasury teams don't just look at the numbers - they create strong partnerships across departments to get a complete picture of cash flow. A few other key insights from our conversation: - The importance of understanding both long-term cash requirements and excess cash availability - How to navigate unexpected changes in liquidity needs - Why technology needs to balance robust functionality with flexibility Treasurers: what relationships do you find most important for effective treasury operations? Let me know below ??

Choosing the right TMS is one of the most important decisions you'll make as a treasurer. It's also one of the hardest. Thankfully, Nilus recently partnered with the Association for Financial Professionals to share the 5 things you need to know before choosing a TMS: 1) Before selecting a TMS, get crystal clear on your current state vs. target state - Do a thorough gap analysis - Talk to peers about their experiences (they'll tell you what actually worked) - Be realistic about customization - nothing is truly "out of the box" 2) Implementation isn't a one-time thing - it's continuous optimization - Standard reports rarely give you what you actually need - You'll likely still need some spreadsheets (but far fewer) - Focus on getting Excel-like flexibility in your custom reporting 3) The real power of AI in Treasury comes down to three layers: - Data connectivity (bringing all sources together) - Data enrichment (making sense of the information) - Application (how we interact with and utilize the insights) 4) Most important realization: AI isn't about replacing treasury teams - It's about elevating Treasury from a cost center to a strategic function - Freeing up time from manual work = more capacity for value-add activities - Focus on leveraging human resources, not reducing them 5) The end goal? Transforming treasury from estimate-driven to data-powered: - Better visibility into cash positions - More confident forecasting - Proactive vs reactive collections management - Improved control over AR aging and DSO Want to learn more? Check out the full article by Nilus and AFP in the comments below ??

Next Tuesday in Houston, join us! Next week, we are hosting an exclusive Treasury Executive Roundtable in Houston?to discuss how AI-driven treasury solutions are accelerating the?energy transition. Featuring insights from: ? Daniel Kalish, CEO at Nilus ? Matthew Harlan, Chief Treasury Officer at Nilus ? Plus our special guest Audrey Lokker (Mather), Senior Director of Debt Advisory, Redbridge Debt & Treasury Advisory We'll discuss how innovative treasury solutions are: ? Enhancing strategic decision-making with predictive analytics ? Optimizing capital structure for sustainable initiatives ? Transforming liquidity management with AI Join us! When: November 19, 6-8pm Where: Guard and Grace, Houston RSVP: Comment on this post and we'll send you the details!

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Join us for an exclusive Treasury Executive Roundtable in Houston?to learn how AI-driven treasury solutions are accelerating the?energy transition. Featuring insights from:? ? Daniel Kalish, CEO at Nilus ? Matthew Harlan, Chief Treasury Officer at Nilus? ? Plus our special guest Audrey Lokker (Mather), Senior Director of Debt Advisory, Redbridge Debt & Treasury Advisory. We'll discuss how innovative treasury solutions are: ? Enhancing strategic decision-making with predictive analytics ? Optimizing capital structure for sustainable initiatives ? Transforming liquidity management with AI Join us! When: November 19, 6-8pm? Where: Guard and Grace, Houston RSVP: Comment on this post and we'll DM you the details.

We've sat down with 50+ treasury teams in the last quarter. Here are 4 surprising truths we've learned about cash flow forecasting right now: - Most teams are off in their projections - Many CFOs have lost faith in the numbers - Lots of teams are drowning in manual data reconciliation - And worse - they're missing major cash movements The result? Missed investment opportunities and unnecessary borrowing costs. That's why we created this systematic 8-step framework for successful bottom-up cash flow forecasting: 1.? ?Set clear objectives: ? Define the objective of your cash flow forecast. 2.? ?Set timeframes: ? Define short-, medium-, and long-term timeframes. ? Align your forecasts with financial cycles. 3.? ?Define cash flow categories: ? Categorize cash flows into inflows and outflows. 4.? ?Automate data sourcing: ? Work with your AP and AR teams. ? Understand their processes and automate data collection. 5.? ?Collaborate with FP&A and stakeholders: ? Coordinate to capture all relevant inputs. 6.? ?Review: ??Review budget variance regularly. ??Review cashflow variance regularly. 7.? ?Plan ? Perform forward-looking forecasts. ? Plan cashflow ahead of time. ? Test scenarios to anticipate cash flow changes. 8.? ?Present to stakeholders ? Use visuals to show cash flow movements and trends. The reality? Many companies overcomplicate this, but modern treasury teams are automating 80% of this process - freeing up time for strategic work. With proper automation, you can: - Cut variance to <15% - Give your CFO numbers they trust - Free up time for strategic work Curious how? DM us for details.

Our team had the pleasure to sit down with 35+ CFOs and treasurers at AFP 2024 last week. The most shocking insight? 99% of treasury teams are still using Excel for forecasting in 2024. ?? Here were 5 other eye-opening takeaways about the state of treasury forecasting in 2024: 1. Manual processes still dominate ? Most teams rely heavily on Excel despite having TMSs ? Real-time adjustments are nearly impossible ? Critical decisions often delayed by manual data entry 2. Companies aren't maximizing their tech stack ? Many orgs have TMSs but only use some of the features ? AI-driven forecasting capabilities sit unused ? Teams want to do more but lack implementation bandwidth 3. Data fragmentation is crippling visibility ? Forecasting data spread across multiple systems ? No single source of truth for cash positions ? Treasury teams spending hours reconciling numbers 4. Strategic alignment is missing ? Forecasting often disconnected from business goals ? Limited communication between treasury and other functions ? Need for better connection between cash and strategy 5. AI adoption has stalled ? Teams eager to leverage AI but struggle with implementation ? Confusion around capabilities vs. hype ? High interest in practical AI use cases for forecasting The good news? We're tackling these exact challenges at Nilus. Our AI-driven platform helps dozens of companies automate forecasting workflows to: ? Save time ? Improve accuracy ? Enable faster decision-making Looking for more? Stay tuned for our guide on bottom-up forecasting coming later this week! ?? Did you attend #AFP2024? What were your key takeaways??

Big News: Nilus Joins Bank of America's Selected Vendor Network We are excited to share that Nilus?has joined Bank of America's selected vendor network, streamlining real-time treasury management for our customers. As one of?our?bank partners, Bank of America elevates the cash visibility experience we offer our customers. Ready to transform your treasury?? Let's make it happen. Book a demo?today